The NFT market valuation dropped sharply to $2.5 billion in December 2025, marking a 72% fall since January. Both buyer participation and seller numbers have decreased significantly, with sellers falling below 100,000 for the first time since April 2021. Although major blue-chip NFTs like CryptoPunks and Bored Ape Yacht Club fell 12%-28%, art-related NFTs showed relative stability, while new projects such as Sports Rollbots emerged strongly.

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